Financing of 214 projects with facilities of more than 90 thousand billion Rials of Sanat and Mine Bank

According to the public relations report of Sanat and Mine Bank, Dr. Ali Khorsandian, who traveled to Gilan province on a two-day trip, on the sidelines of the revitalization ceremony of the first phase of Iran Coating Industries Company in Gilan province, referring to the many ups and downs of coating industries in the last two decades. , stated: This production unit was assigned at some point, but the qualification of the person to whom this unit was assigned was questioned.
Referring to the existence of very difficult conditions and numerous and diverse legal and judicial cases for the covering industry, he added: “Over the years, this national wealth has returned to Sanat and Mine Bank.”
The CEO of Sanat and Mine Bank, stating that we expected an increase in production and employment, clarified: After handing over this production unit to the private sector, the desired production and employment did not materialize and it even started to close down and reduce production and employment. That damage was done.
Dr. Khorsandian considered the lack of registration of ownership in favor of the bank as an obstacle to making an effective decision and noted: With the efforts of Sanat and Mine Bank and the management group of the province, we were able to provide the necessary financing through Atieh Damavand, which is one of the subsidiary companies of this bank. Let’s set up one of the sheds of the coating industry that had the ability to revive and reproduce, with a credit of 610 billion Rials in the first phase.
Pointing to the implementation of reconstruction and installation measures with the efforts of the relevant agencies of the province, he said: To complete this production unit, we need to set up spinning, weaving and dyeing departments; Of course, our ideal in setting up covering industries is to turn Gilan into a scientific textile pole and it should return to that position with new methods and scientific methods.
Dr. Khorsandian called for the completion of the standards of this industry in Gilan and said: in the next phases, we have renovation and innovation on the agenda; Of course, Sanat and Mine Bank is state-owned and the holding company of this bank has direct investment restrictions, so we need financing through the province and people’s contributions.
He then attended the meeting of the administrative staff of Gilan province together with the accompanying delegation and expressed his appreciation for their efforts: Thanks to your efforts in this province, 90 thousand billion Rials of facilities have been paid to 214 projects, which have created employment for 2 thousand 492 people along with and 17 production projects were also followed up during the presidential visit, for 12 of these projects, an amount of 5 thousand and 74 billion Rials was approved, some of which have been paid and some of which are being contracted and paid.
Referring to the principle of comparative advantage in the economy, the CEO of this bank said: When we say production support, it does not mean that every plan should apply for facilities, it should receive facilities immediately, we should look for the most efficient and best production plans that Their applicants must be qualified and competent, and there is a comparative advantage in the country for their construction and operation, and we are able to provide the raw materials and equipment they need at a reasonable cost, so that the final product produced has a competitive price and quality compared to It is an imported sample.
He added: According to what was mentioned, each of you colleagues should carefully review the plans and consider all aspects so that the bank’s valuable resources are optimally allocated and the bank and the customer do not face problems in the middle of the road. .
Dr. Khorsandian raised the need to pay attention to knowledge-based and technological projects and stated: Today, new ideas are capital, and Sanat and Mine Bank, as a specialized bank in the field of production, considers it its duty to support knowledge-based projects. and to support export-oriented companies that have the highest efficiency, profitability and return on investment in the shortest possible time with the least capital.
He pointed out: the main problems we have in collecting claims in the banking network are the same units that are unable to fulfill their obligations due to various reasons such as mismanagement and lack of justification and competitive ability, and have also made the bank face problems. Therefore, from the very beginning, the construction of such units should be prevented as much as possible and a proper feasibility study should be carried out.
Dr. Khorsandian emphasized: Of course, there are units that are in trouble due to other reasons such as economic sanctions, exchange rate fluctuations, and problems imposed on them due to the political-economic conditions of the country, and this bank supports them as much as possible. provided that such customers also comply with the condition of good account and proper cooperation with the bank.